'EV winter' freezes Gretchen Whitmer's $1 billion economic gamble - The Midwesterner

'EV winter' freezes Gretchen Whitmer's $1 billion economic gamble - The Midwesterner

Under Gov. Gretchen Whitmer, the state of Michigan bet big on an electric vehicle boom that didn’t transpire. Now, the cold reality of an “EV winter” is setting in after more than $1 billion in federal and state taxpayer incentives propped-up battery plants and EV projects. Relying heavily on government subsidies, tax credits, mandates, and targeted policies to shape economic outcomes – often called planned industrial harmony or economic fascism…